Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: SoDEX against Binance−0.168%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$340.343% of the position

Long on Binance Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.045%−$5 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.168%, 7d avg −0.020%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.148% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DASHUSDT	59.350	0.0100	pay 0.0100% / 8h	2h 29m	$29.0M	$87.9M	75x
Short	SoDEX DASH-USD	59.250	0.0100	get 0.0013% / 1h	29m 48s	$272K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee SoDEXbpOrdersPrice spread, now −0.168%Rate

Funding earned: $0
Price spread: −0.168% → −0.020%: −$14.8
Slippage, 4 orders: −$16.3
Fee Binance: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$49.1
Costs to cover: 0.343%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; SoDEX: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 13 min ago	0.85 bp	11.1 bp −$11	19.4 bp −$194	184.9 bp −$18.5K	doesn't fit
Sell SoDEX live order book, 19 min ago	0.84 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit

DASH on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DASH/USDC PERP	+0.0033%	1h	58.850	−0.842%	$7	$134K	5.5x	as long as short
Lighter DASH	+0.0096%	1h	59.344	−0.010%	$119K	$108K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.317	−0.056%	$135K	$372K	20x	as long as short
Binance DASHUSDTlong	+0.0100%	8h	59.350	long leg	$29.0M	$87.9M	75x
Bybit DASHUSDT	+0.0100%	8h	59.340	−0.017%	$10.8M	$19.7M	75x	as long as short
OKX DASH-USDT-SWAP	+0.0100%	4h	59.310	−0.067%	$6.0M	$29.0M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.310	−0.067%	$1.7M	$2.7M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.330	−0.034%	$20.3M	$11.6M	100x	as long as short
KuCoin DASHUSDTM	+0.0100%	8h	59.280	−0.118%	$8.2M	$4.3M	30x	as long as short
Bitget DASHUSDT	+0.0100%	8h	59.320	−0.051%	$6.6M	$3.1M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX DASH-USDT	+0.0100%	8h	59.330	−0.034%	—	$7.7M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.151	−0.336%	$295K	$286K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.280	−0.118%	$26K	$1.2M	20x	as long as short
SoDEX DASH-USDshort	+0.0100%	1h	59.250	−0.168%	$272K	$4K	5x
Extended DASH-USD	+0.0104%	1h	59.325	−0.042%	$10K	$197K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.220	−0.219%	$3.0M	$1.4M	75x	as long as short
HTX DASH-USDT	+0.0277%	8h	59.360	+0.017%	$118K	$239K	30x	as long as short
Coinbase International DASH-PERP-INTX	+0.0392%	1h	59.390	+0.067%	$84K	$252K	25x	as long as short
GMX DASH/USD [WBTC.b-USDC]	L +0.0423% / S −0.0364%	1h	59.237	−0.190%	$114K	—	50x	as long as short
Deribit DASH_USDC-PERPETUAL	+0.0425%	1h	59.260	−0.152%	$119	$2K	50x	as long as short
Kraken Futures PF_DASHUSD	+0.0725%	1h	59.291	−0.099%	$755K	$3.1M	25x	as long as short
Hyperliquid DASH	+0.0744%	1h	59.402	+0.088%	$4.5M	$2.6M	5x	as long as short